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Bahri purchases and places in service in 2021 personal property costing $2,641,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation.
Bahri purchases and places in service in 2021 personal property costing $2,641,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Bahri can deduct, ignoring any taxable income limitation?
A) $2,620,000
B) $0
C) $1,029,000
D) $1,050,000
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